Austin Texas Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Austin, Updated October 2024
Rent Your Vacation Home or Condo in Austin, Texas
First and foremost, Austin is a trendsetter when it comes to short-term vacation rentals. According to a report by the Austin Convention and Visitors Bureau, more than 10,000 short-term rental properties are listed on Airbnb in Austin as of 2018. That number has increased by more than 700% since 2012. And while short-term rentals are still relatively new in Austin, they’re becoming increasingly popular with both visitors and locals alike. Most recently, the city passed a law that makes it easier for homeowners to participate in short-term vacation rentals. Prior to this law, homeowners who offered their properties for vacation rentals had to obtain a zoning permit from the city. Now, homeowners only need to register with the city if they want to rent out their properties for more than 30 days per year. The registration process is also much easier than it used to be—thanks in part to technology like mobile apps.
When partnering with RedAwning for your property management needs, we can make sure your Austin rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Current Vacation Rental Trends in Austin
During the month of November, Austin and areas including East Downtown, Downtown, University of Texas, Travis Heights, West Campus, East Riverside, Bouldin Creek, South Lamar, Zilker, South Congress, Barton Hills, Holly, MLK & 183, Upper Boggy Creek, McKinney, Old West Austin, Hancock, Pleasant Valley, Rainey Street, Govalle, North Loop, Rosewood, Montopolis, Parker Lane, Cherry Creek, East Congress, Brentwood, Hyde Park, Windsor Park, South First, Oak Hill, Mueller, Dawson, West Congress, South Manchaca, Westlake Hills, Barton Creek, Highland, and Clarksville are projected to generate over $265/night for a 2 bedroom vacation rental, on average! There were 13,154 vacation active rental properties in Austin. 11,640 are renting the entire place, and 1,514 are shared rooms. On average, during the month of November 2023, each vacation rental property in Austin is booked 65% of the time, and most hosts are projected to generate $3,900 or more during the month of November! See how much you could earn with our free vacation rental income calculator.
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$265.00 Per Night*
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65% Occupied*
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$3,900.00 Per Month*
* Based on the median average of all vacation rentals in the Austin area.
Get a free estimate for your home or condo.
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Featured Austin Vacation Rental Generating Record Profits With RedAwning
Lakefront on Lake Travis Starting at $500 to $1,511 per night!
Located right on the water front and have direct access to the lake! Boat dock available for guests to use to sunbathe, swim, and enjoy water sports. A slip for a boat can be made available by prior agreement and for a small extra fee. There are several marinas close by where boat rentals are available and if you prefer to have a captain do the driving we can connect you to a charter company who can arrange to pick you and your party up on the dock for a day of fun on the lake.
Located... Read More
This Austin vacation home is presented on every travel website, where travelers are looking to book accommodations (Airbnb, VRBO, Expedia, Google Travel, and hundreds more). And, with RedAwning's dynamic pricing, daily rates are adjusted based on seasonality and demand in Austin.
Successful short-term vacation rentals in Austin, Texas
You're on vacation and looking for a place to rent while you're away. You might be surprised to find that Austin, Texas is a popular destination for short-term rentals. Why? Austin offers world-class amenities, like biking trails and parks, as well as top-notch cultural attractions like the state capital building and the University of Texas at Austin. When you consider renting out your Austin home, you'll be able to take advantage of all these things (and more!) without leaving the neighborhood. And if you need to extend your stay, you can always rent out your home again! There are a few things to keep in mind when considering whether or not to rent out your home while traveling. First, don't try to beat the rental market by listing your property right when you arrive in town. You'll probably have no chance of renting your house (or apartment) because too many people will show up right after you do. Instead, wait until several weeks into your trip so that everyone has gotten settled in and there's already a steady stream of potential renters on the market. If you want to start seeing people immediately, staying with friends or family members is a great way to start building up a pool of potential renters from the get-go.
Austin, Texas is one of the fastest growing cities in the United States. It is known for its thriving tech and music scenes and its high quality of life. One of the biggest positives about renting out your Austin home as a vacation rental is that it can be a great source of additional income. You can rent out your entire home or just a few rooms. Short-term rentals are also an easy way to connect with new people. You can earn some extra cash by renting out your property, even if you're not living there full time. Another benefit of short-term rental is that it’s a good way to meet new people in Austin, especially if you’re not from the area. Many travelers and visitors are looking for places to stay while they’re in town, so having a short-term rental property could open up many new opportunities for you.
RedAwning takes the guess-work out of Austin property management, and we work with you to ensure your Austin short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
See how much your Austin vacation rental could earn:
Revenue Projections for Vacation Rentals in Austin, Texas during December, 2023
Based on a 2 bedroom, which is the most common Austin vacation rental home size, we've come up with an estimated rental amount you could charge per night and how much demand there is for each day in December. Higher bars below can command higher prices, if your Austin vacation rental is available during these days.
$29186%1st
$28886%2nd
$24983%3rd
$23782%4th
$23582%5th
$23782%6th
$24483%7th
$27784%8th
$27584%9th
$24182%10th
$23181%11th
$23480%12th
$23581%13th
$24181%14th
$27282%15th
$27582%16th
$24180%17th
$23880%18th
$23880%19th
$24180%20th
$25280%21st
$29181%22nd
$29581%23rd
$27581%24th
$27482%25th
$26982%26th
$26482%27th
$27082%28th
$31382%29th
$31982%30th
$29581%31st
Average Daily Price & Percent Occupied Next Month In Austin
Note: These averages are based on a 2 bedroom home in Austin. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
Interested in learning how you can maximize your vacation rental revenue in Austin, Texas?
If you are a speculative home buyer or have another home in Texas, check out our other Texas Vacation Rental Management reports in Arlington, Beaumont, Dallas, Denton, El Paso, Fort Worth, Fredericksburg, Grapevine, Houston, Laredo, Plano, San Angelo, San Antonio, San Marcos, South Padre Island, Lubbock, Corpus Christi, Port Aransas, Aransas Pass, New Braunfels, Crystal Beach, Galveston, Rockport, Port Bolivar, Canyon Lake, Caplen, Gilchrist, Port Isabel, Kerrville, Fulton, Taft, Galveston Island, Jamaica Beach, Alpine, Port Aansas, Llano, Glen Rose, The Colony, Cedar Park, North Richland Hills, Grand Prairie, Tiki Island, Center Point, Frisco, Hockley, Stonewall, Allen, Doss, Nacogdoches, S Padre Isle, Keller, Jacksboro, Missouri City, Rowlett, Duncanville, Baytown, Tyler, Converse, Richmond, Commerce, Cypress, Dawson, Coppell, Humble, Desoto, Fulshear, Katy, Georgetown, Lewisville, Waxahachie, Sargent, Round Rock, Irving, Horizon City, Pflugerville, Olmos Park, Willis, Euless, Nocona, Longview, Mcallen, Medina, Melissa, Heath, Pasadena, Odessa, Leander, Driftwood, Van, Roanoke, Pharr, Midland, Mckinney, Prosper, Weatherford, Texarkana, Amarillo, Hickory Creek, Oak Point, Temple, Lacy Lakeview, Killeen, Woodcreek, Pittsburg, and Mission, Texas or view all of our vacation rental market reports
